Another week has passed since the massive crypto meltdown

<p>Cryptocurrency enthusiasts are having a difficult time. Following a very strong second half of 2021, we now appear to be in an eternal downward trend as the crypto market crisis continues. Whether it's Bitcoin, Ethereum, or another type of cryptocurrency, currencies are sliding one after the other, with only brief respites occuring on a case-by-case basis. Is this the new normal for the crypto market, or will it continue to rise and fall like it always does?</p> <p>Cryptocurrencies in general are notoriously volatile. Seasoned cryptocurrency veterans have witnessed both mountain-high highs and shattering lows. The crypto market fluctuates, much like the stock market, but the crashes that occur semi-regularly on the crypto market are a perfect representation of how unpredictable it truly is.</p> <p>The crash is not confined to a single cryptocurrency. While Bitcoin is the poster child for cryptocurrency, other currencies were hammered just as hard, if not more. That is not to argue that Bitcoin (BTC) has not suffered a severe loss; it has. According to CoinGecko, BTC reached an all-time high of $67,617 at the beginning of November 2021. The price has progressively declined since then, but it genuinely fell in January, reaching slightly about $35,000 on January 23.</p> <p>According to The Economic Times, the most recent crypto meltdown wiped out more than $1 trillion in market value. That's right: $1,000,000,000,000, a whole twelve zeroes, in US money has just vanished in a few of months. Which currencies have suffered the most losses?</p> <p>As previously stated, Bitcoin has suffered a significant loss, and we may not have seen the last of it. BTC has dropped more than 45 percent of its value since its high in November. While Bitcoin is in trouble, other currencies are not faring any better.</p> <p>Ethereum (ETH), the second most popular coin, is also suffering significant losses. In the recent past, Ethereum's value (in terms of USD) has dropped hundreds of dollars on an hourly basis, only to reclaim some